Historical agreement between the republic of Cyprus and the United kingdom
Provisions of the agreement: • Enables the integration of a large part of the territory of the bases in urban areas, which will now be allowed to be developed. More specifically, 78% of the territory of the area of the British Bases of about 200 square kilometers and includes the total private property falls in […]
Changes of the VAT rates in Cyprus as of 13.01.2014
• The supply of foodstuff and/or beverages (excluding alcoholic drinks, beer, wine and soft drinks) or both, irrespective of whether the goods are delivered from the supplier to the customer or taken away by the customer. • The supply of pharmaceutical products. • Newspapers, books and magazines. • Hairdressing services. • Entry fees to theaters, […]
Immovable property tax – Cyprus 2013
• Owner means the person who is entitled to be registered as the owner of the immovable property, whether he is registered or not. • Immovable property includes mainly, land and buildings or other structures or projects and trees or privileges and rights of use stated in them. • Value of the immovable property For […]
Oil and gas in Cyprus: the legal framework
(‘EEZ’) Delimitation Agreements: Domestic Law: Types of Licenses: Process of Application: Environmental considerations:
Registration, Recognition and Enforcement of Foreign Judgments in Cyprus
Enforcement of Foreign Judgments in Cyprus May be enforced under European Union Regulations, Statute and Common Law. Requirements: Procedure: Law No. 121(1)/2000 Enforcement of EU Judgments EC Regulation No. 805/2004 – EC Regulation No. 44/2001. Law No. 121(1)/2000 Enforcement of non-EU Judgments Cyprus is signatory to a number of multilateral conventions relating to the recognition […]
New Double Taxation Treaty between Cyprus and Ukraine
promote strengthen economic, scientific, technical industrial cooperation mutual benefit basis Ratification of New DTT between Cyprus and Ukraine • On 4 July 2013 the Verkhovna Rada of Ukraine approved the bill in Ukraine: – Double Taxation Treaty and Protocol signed on 8 November 2012 in Nicosia, during the visit of the President of […]
The DTA Cyprus – Ukraine has been ratified and is in force from the 7th of August 2013
th http://www.naklaw.com/new-double-tax-treaty-between-cyprus-ukraine/
Recapitalization of Bank of Cyprus (30.07.2013)
[su_expand height=”80″ link_color=”#9e872c” link_style=”button” link_align=”right” more_icon=”icon: angle-down” less_icon=”icon: angle-up”]As Central Bank of Cyprus stated this is a significant progress at Bank of Cyprus (BoC) with the completion of the recapitalization and the exit from resolution.
Cyprus Parliament is expected to ratify the DTA Ukraine – Cyprus in September 2013
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Extension on Levy for Cyprus Company 2013
31st of July 2013. Specifics: • Companies that stated dormant in 2012 have to pay €350 until 31/07/2013 • Companies being registered in 2012 have to pay €350 until 31/07/2013 • Companies that have not informed about dormant status in 2012 or pay the levy have to pay now €500.